Sally Beauty Holdings Inc (NYSE: SBH) on Tuesday, soared 3.45% from the previous trading day, before settling in for the closing price of $10.73. Within the past 52 weeks, SBH’s price has moved between $7.21 and $14.64.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Consumer Cyclical sector was -0.87%. The company achieved an average annual earnings per share of 2.09%. With a float of $103.35 million, this company’s outstanding shares have now reached $106.27 million.
Considering the fact that the conglomerate employs 27000 people, you should pay attention to its efficiency factor.
Sally Beauty Holdings Inc (SBH) Insider Activity
Observing investor behavior towards Specialty Retail industry stocks is more important than anything else. The insider ownership of Sally Beauty Holdings Inc is 1.46%, while institutional ownership is 116.25%. The most recent insider transaction that took place on Feb 22 ’24, was worth 129,520. In this transaction an insider of this company sold 10,000 shares at a rate of $12.95, taking the stock ownership to the 35,014 shares. Before that another transaction happened on Dec 12 ’23, when Company’s President & CEO bought 4,000 for $11.29, making the entire transaction worth $45,160. This insider now owns 170,826 shares in total.
Sally Beauty Holdings Inc (SBH) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 2.09% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 29.90% during the next five years compared to -4.12% drop over the previous five years of trading.
Sally Beauty Holdings Inc (NYSE: SBH) Trading Performance Indicators
Sally Beauty Holdings Inc (SBH) is currently performing well based on its current performance indicators. A quick ratio of 0.45 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.31. Likewise, its price to free cash flow for the trailing twelve months is 7.81.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.58, a number that is poised to hit 0.40 in the next quarter and is forecasted to reach 1.99 in one year’s time.
Technical Analysis of Sally Beauty Holdings Inc (SBH)
Compared to the last year’s volume of 1.45 million, its volume of 1.17 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 60.00%. Additionally, its Average True Range was 0.46.
During the past 100 days, Sally Beauty Holdings Inc’s (SBH) raw stochastic average was set at 35.84%, which indicates a significant decrease from 67.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.04% in the past 14 days, which was lower than the 50.18% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.02, while its 200-day Moving Average is $10.90. Nevertheless, the first resistance level for the watch stands at $11.28 in the near term. At $11.47, the stock is likely to face the second major resistance level. The third major resistance level sits at $11.72. If the price goes on to break the first support level at $10.85, it is likely to go to the next support level at $10.60. Should the price break the second support level, the third support level stands at $10.41.
Sally Beauty Holdings Inc (NYSE: SBH) Key Stats
Market capitalization of the company is 1.16 billion based on 104,884K outstanding shares. Right now, sales total 3,728 M and income totals 184,600 K. The company made 931,300 K in profit during its latest quarter, and 38,390 K in sales during its previous quarter.
